Attend PetroChem Wire's FREE Half-Day Seminar in Houston

You are warmly invited to “Now More Than Ever,” PetroChemWire's FREE seminar in Houston.

With more material all along the US petrochemical value chain now available to the world, experts from PCW – the provider of benchmark olefins and polymers prices for the CME and ICE – will discuss the volatile petrochemicals space, managing price risk, feedstock economics and the impact of new capacities.

You can also network at our cocktail reception following the presentations.

Where: Hearsay on the Green, 1515 Dallas St., Houston TX 77010

When: 2-5 p.m., March 20, 2018 (Cocktail reception 4-5 p.m.)

Speakers include:

Kathy Hall, CEO and Executive Editor, PCW

David Barry, Senior Editor, PCW

Robert Sharp, Senior Editor, PCW

Samantha Hartke, Product Manager, PCW

Trey Hamblett, VP of Chemicals Research, IIR Energy

US nonfuel use propylene supplies drop first time in eight weeks

HOUSTON, March 7, 2018 (PCW) -- US nonfuel use propylene inventories fell by 99,000 barrels (-3%) last week to 3.244 million barrels, according to the latest figures from the EIA. It was the first inventory draw in eight weeks, and propylene stocks were still 269,000 barrels (9%) higher than four weeks ago. Meanwhile, US Gulf refinery operating rates were up 0.8 percentage point at 87.8%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 3,244
Last week 3,343 -99 -3.0%
4 weeks ago 2,975 269 9.0%
Year ago 2,371 873 36.8%
52 week average 2,824 420 14.9%
Source: US Energy Information Administration

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